AI Startups
IBM acquires quantum computing research lab HRL
IBM Corp. today announced plans to acquire quantum computing research company HRL Laboratories LLC. IBM is buying the lab from General Motors Co. and Boeing Co. It didn’t disclose the purchase price. The company expects to close the transaction by the end of the quarter. Malibu-b...
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AI Analysis
Generated insight by OnAirToday AI
IBM's acquisition of HRL Laboratories signifies a major push into quantum computing by a legacy tech giant. This move signals a consolidation of talent and resources, accelerating the development of potentially world-changing quantum technologies.
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